The Nation Newspaper Consumers hail Aba Power for retaining old tariff
The Electricity Consumers Association of Nigeria has commended Aba Power Electricity for retaining the 2023 electricity tariff notwithstanding the April 3, 2024 electricity tariff increase on Band A on other power Distribution Companies in the country by almost 300 per cent. NERC had approved an increase from N68 per kilowatt hour to N225 kWh on Band A segment, which was subsequently reduced to N206.80/kwh last week.
“Only a firm with a high sense of corporate social responsibility can have such consideration. Though Aba Power Electricity Limited began commercial operations only in September 2022, its business model has become exemplary.” “Yet, the utility has the presence of mind to consider the interests of industrialists so that they can pass the benefits to the Nigerian people in these trying times. The cost being borne by APEL for continuing with the old tariff is enormous, and this is immensely sacrificial,” the ECAN statement said.
“We are satisfied that the ongoing investigation is thorough, and the suspects are not really on the payroll of APEL, but may be working for various firms contracted to install some 200,000 prepaid smart meters free of charge in nine of the 17 local government areas in Abia State serviced by Aba Power,” ECAN said.
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